• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

As Inflation Reignites, Should You Consider I Bonds?

April 27, 2026

She Told Women to Be Ambitious. Some Listened — and Made Millions

April 27, 2026

When Did Escapism Become Leadership’s Go-To Strategy?

April 27, 2026
Facebook Twitter Instagram
Trending
  • As Inflation Reignites, Should You Consider I Bonds?
  • She Told Women to Be Ambitious. Some Listened — and Made Millions
  • When Did Escapism Become Leadership’s Go-To Strategy?
  • AI Won’t Improve Your Marketing — Unless You Do This First
  • Stop Letting Good Ideas Die in the Middle of Your Organization — Fix Bottlenecks and Keep Ideas Moving
  • I Learned 5 Things After Facing Over 100 Investor Rejections
  • The Decline Of Social Security, Medicare Trust Funds Is Accelerating
  • Dumbbells Sold at Walmart Recalled. See Affected Product
Monday, April 27
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » China reportedly ousts defense minister after two-month absence
News

China reportedly ousts defense minister after two-month absence

News RoomBy News RoomOctober 24, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

The Chinese government removed General Li Shangfu from the post of defense minister and state councilor without appointing a replacement, state media CCTV reported Tuesday.

His dismissal was announced through an order of China’s legislative body, the National People’s Congress.

Li, who was appointed to lead China’s defense ministry during a broader cabinet reshuffle in March, has not been seen in public for the past two months, according to Reuters.

Reuters also reported that Li, 65, faced a corruption probe over the procurement of military equipment — which CNBC could not independently confirm.

An aerospace engineer who began his career at China’s Rocket Launch Center, Li has smoothly risen through the ranks, with promotions that included membership of the Central Military Commission — the country’s highest national defense organization — since 2022.

Li is the second high-profile minister from Xi Jinping’s administration to be removed amid a storm of speculation. In July, Qin Gang — who was also stripped of his authority as state councilor on Tuesday — was dismissed from his role as foreign minister after a one-month absence.

Li, the former defense minister, has been under U.S. sanctions slapped by the administration of Donald Trump in 2018 in connection with China’s purchase of Russian combat aircraft and equipment. His sanctions have been a bone of contention between Washington and Beijing, with China declining a request for a meeting between him and U.S. Defense Department counterpart Lloyd Austin on the sidelines of the Shangri-La Dialogue security forum in May.

“If the United States says it wants to communicate while suppressing and containing China by any means and imposing sanctions on Chinese officials, institutions and enterprises, what is the sincerity and meaning of such communication?” Chinese Foreign Affairs Ministry spokesperson Mao Ning said in late May at a regular news briefing in Beijing, according to NBC News.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

RSS Feed Generator, Create RSS feeds from URL

News October 25, 2024

X CEO Linda Yaccarino addresses Musk’s ‘go f—- yourself’ comment to advertisers

News November 30, 2023

67-year-old who left the U.S. for Mexico: I’m happily retired—but I ‘really regret’ doing these 3 things in my 20s

News November 30, 2023

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

News November 29, 2023

Americans are ‘doom spending’ — here’s why that’s a problem

News November 29, 2023

Jim Cramer’s top 10 things to watch in the stock market Tuesday

News November 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

She Told Women to Be Ambitious. Some Listened — and Made Millions

April 27, 20260 Views

When Did Escapism Become Leadership’s Go-To Strategy?

April 27, 20260 Views

AI Won’t Improve Your Marketing — Unless You Do This First

April 27, 20260 Views

Stop Letting Good Ideas Die in the Middle of Your Organization — Fix Bottlenecks and Keep Ideas Moving

April 27, 20260 Views
Don't Miss

I Learned 5 Things After Facing Over 100 Investor Rejections

By News RoomApril 27, 2026

Entrepreneur Key Takeaways Passion won’t convince investors to invest in your business — coming fully…

The Decline Of Social Security, Medicare Trust Funds Is Accelerating

April 26, 2026

Dumbbells Sold at Walmart Recalled. See Affected Product

April 26, 2026

How Do I Respectfully Ask for the Raise I Was Promised? Ask Johnny

April 26, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

As Inflation Reignites, Should You Consider I Bonds?

April 27, 2026

She Told Women to Be Ambitious. Some Listened — and Made Millions

April 27, 2026

When Did Escapism Become Leadership’s Go-To Strategy?

April 27, 2026
Most Popular

Citadel Securities Pays $400,000. Here’s How to Stand Out.

April 21, 20263 Views

Here’s How Today’s Workers Offset the Rise of AI and Heavy Screen Time

April 21, 20262 Views

7 Overlooked Ways to Cut Costs in Your Business Right Now

April 21, 20262 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.